CloudMD Software & Services (TSE:DOC) has released an update.
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CloudMD Software & Services Inc. is set to resume trading on the TSX Venture Exchange after addressing a cease trade order by filing its 2023 financial statements. The company also confirmed details of its impending go-private transaction with CPS Capital, valuing the company at approximately $37 million, which includes debt repayments and other liabilities. CloudMD has secured interim financing arrangements to support operations until the transaction is finalized, which is critical for its continued viability.
For further insights into TSE:DOC stock, check out TipRanks’ Stock Analysis page.
